Governance

Socialist Party calls for sacking of NBU chief

Ukraine's Socialist Party, which makes up one of three groups in the government coalition, called for the dismissal of National Bank of Ukraine governor Volodymyr Stelmakh on Tuesday 30 August, saying the strong currency is damaging the economy.

Trichet: 'Fazio is one of us'

ECB president Jean-Claude Trichet said on Thursday 1 September that beleaguered Bank of Italy governor Antonio Fazio remains 'one of us' and rejected suggestions that the Governing Council was divided on the Fazio issue.

Kohn to replace Gramlich on loan guarantee boards

Federal Reserve Board Chairman Alan Greenspan on Wednesday 17 August named Governor Donald L. Kohn to replace Governor Edward M. Gramlich as the Chairman's designee on four federal loan guarantee boards, effective 1 September.

Italy's Fazio to quit, but may take a while

An article published this week says Bank of Italy Governor Antonio Fazio will eventually yield to the relentless pressure on him to resign, but it may not happen for some time. One reform that seems almost sure to emerge from the affair is the…

China's 'visionary' Zhou leads yuan float push

An article published on Wednesday 17 August looks at People's Bank of China governor Zhou Xiaochuan in depth. He was a visionary on yuan reform long before it became a global issue, it says, and moved steadily up the banking and finance hierarchy through…

Modest pay, one term 'best' for central bankers

A new study says that Europe's central bank chiefs should receive only modest pay and serve just a single term in office to avoid self interest creeping into interest rate decisions. It also found that limited terms and confidential interest rate…

Singapore, UAE sign MOU on securities markets

The Monetary Authority of Singapore (MAS) said on Tuesday 16 August that it has signed a Memorandum of Understanding (MOU) with the Emirates Securities and Commodities Authority (ESCA) of the United Arab Emirates (UAE).

Weber stands his ground

Tussles with government have tested his mettle, but Axel Weber has impressed in his first year at the Bundesbank, writes Marietta Kurm-Engels.

Interview with ECB's Issing

In an interview published on Tuesday 9 August, ECB Chief Economist Otmar Issing said that recently the eurozone economy has seen a series of positive signals. However risks to the outlook remained on the downside, he said, particularly with the continued…

New spokesman for the New York Fed

Peter Bakstansky has been the spokesman for the New York Fed for so long - 30 years, to be precise - that his impending retirement will be hard to get accustomed to, at least for any journalist.

Christopher Cox sworn in as SEC chairman

With his wife Rebecca standing at his side, Christopher Cox took the oath of office to become the 28th Chairman of the Securities and Exchange Commission from Federal Reserve Chairman Alan Greenspan on Wednesday 3 August.

Wim Duisenberg

This obituary for former European Central Bank president Wim Duisenberg, who died on Sunday 31 July, contrasts his rough ride at the ECB with the high reputation he had enjoyed among fellow central bankers during his tenure as governor of the…

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